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Karachi, 28 January, 2013: International visitors to the UAE have spent over US$153 million on their Visa cards in the first week of Dubai Shopping Festival (DSF) 2013, registering a massive 34 per cent year-on-year growth over the first week of DSF 2012, according to statistics issued today by Visa, one of the world’s leading electronic payments networks and a lead sponsor of the region’s premier shopping event.
The results collected by the company’s Visa Vue® Travel data service showed that the total inbound Visa card spend in the UAE between 3 January and 9 January 2013, was over $153.35 million compared to $114.25 million during the first week of DSF 2012. International visitors used their Visa cards 539,391 times in the first week of this year’s DSF, compared to 408,096 times in the first week of DSF 2012, recording a significant 32 per cent year-on-year increase.
DSF 2013 got off to an excellent start, with spending on overseas-issued Visa cards on the first day of DSF touching $21.19 million – an increase of 22 per cent over the first day of DSF 2012. The number of individual transactions conducted on Day 1 of DSF 2013 also increased 19 per cent, to 71,036.